Which of the Following Is True Regarding the Concept of Negotiable

Multiple Choice

Which of the following is true regarding the concept of negotiable instruments in Japan?

A) The law governing securities in Japan is technical with little ambiguity or arbitrary application.
B) The Japanese recognize the legal concept of yuka shoken, which means "valuable securities."
C) The Japanese have a single legislative act governing both commercial paper and investment securities.
D) The Japanese Commercial Code recognizes the term negotiable instruments.
E) Japanese law does not regulate investment securities.